Michael Kassan Expands His Advisory Role with Clear Channel

NEW YORK, Sep 19, 2013 (BUSINESS WIRE) --
Clear Channel Communications
CCMO
today announced that widely
respected and internationally recognized business strategist Michael
Kassan will become a Special Advisor to Clear Channel's Chairman.

Kassan is the Founder, Chairman and CEO of MediaLink, a leading Los
Angeles- and New York City-based advisory and business development firm
that provides critical counsel and direction on issues of marketing,
advertising, media, entertainment and digital technology. His extensive
background as a leader in the media and advertising industries includes
serving as President/COO and Vice Chairman of Initiative Media Worldwide
and President and COO of International Video Entertainment. Kassan was
named by Advertising Age magazine as one of the top media executives in
America.

Expanding in on Clear Channel's current partnership with MediaLink,
Kassan, will work closely with Clear Channel Chairman and CEO Bob
Pittman, Clear Channel Media and Entertainment Chairman and CEO John
Hogan, Clear Channel Outdoor CEO William Eccleshare and Clear Channel
President and CFO Rich Bressler on the further planning and
implementation of strategic marketing and brand development for Clear
Channel's businesses. Kassan will advise on marketing and revenue
generating solutions to ensure that Clear Channel maximizes its
unmatched assets for existing and potential clients, partners and
agencies.

"Over the last several years MediaLink has been an important and
valuable partner for us, and Michael's expanded role is a testament of
his involvement. He has made an effort to be more directly involved in
our business, and we of course jumped at the opportunity to have him
play an even bigger role with us," said Hogan. "Michael has shown a
strong interest and a deep understanding of Clear Channel's unparalleled
capabilities, and will be extremely valuable in helping Clear Channel
further capitalize on our unique multiplatform assets and deliver
unmatched media solutions to our advertisers. He is strategic, creative
and has an incredible amount of knowledge of the media industry. He
believes in our company and knows the value we can bring to
advertisers -- and he will be a huge asset to Clear Channel."

"Clear Channel has the "special sauce" that is sought after in media
today: the rare combination of proven experience coupled with
intelligent innovation. As an organization, it is one of the largest
media companies and one of the most nimble in the world. Its assets are
truly multiplatform, connecting bedrock offerings in radio and
out-of-home, with show-stopping digital and live experiences. And, of
course, its people - with a team worthy of the word "leadership" that
has demonstrated results for both audiences and advertisers across all
mediums," Kassan said. "I am honored and energized to be serving as a
special advisor to Clear Channel, particularly Bob Pittman, John Hogan,
William Eccleshare and Rich Bressler, as they further evolves their
partnerships with advertisers."

Kassan has also served on the Board of the Hollywood Radio and
Television Society, the Commission on California State Government
Organization and Economy and the Cultural Affairs Commission - City of
Los Angeles and has been Chairman of the State Senate Select Committee
on the Entertainment Industry. Kassan is also a strong supporter of
community and not-for-profit programs, and currently serves as Chair of
the UJA-New York Marketing Communications Committee. He also plays an
active role in children's education and mentoring, having been involved
in both the H.E.L.P. Group, a non-profit organization serving children
with special needs, and the Big Brothers/Big Sisters program of Los
Angeles.

About CC Media Holdings, Inc./Clear Channel Communications, Inc.

CC Media Holdings, Inc.
CCMO
the parent company of Clear
Channel Communications, is one of the leading global media and
entertainment companies specializing in radio, digital, outdoor, mobile,
live events, and on-demand entertainment and information services for
local communities and providing premier opportunities for advertisers.

About Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc.,
CCO, -0.30%
is one of the world's
largest outdoor advertising companies, with more than 750,000 displays
in over 40 countries across five continents, including 48 of the 50
largest markets in the United States. Clear Channel Outdoor Holdings
offers many types of displays across its global platform to meet the
advertising needs of its customers. This includes a growing digital
platform that now offers over 1000 digital billboards across 37 U.S.
markets. Clear Channel Outdoor Holdings' International segment operates
in nearly 30 countries across Asia, Australia, Europe and Latin America
in a wide variety of formats.

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